Cultivating new credit relationships and growth opportunities must represent the credit union in a manner that reflects the culture and expands positive relationships with members and staff. From servicing controls to financial analysis to examination reporting, CU*BASE Gold delivers flexibility and creativity for processing in today’s lending environment.

Lending Features

  • Business-unit configuration

  • Collateral codes
  • Controlling service parameters
  • Delinquency calculations
  • Disbursement options
  • General ledger interfaces
  • Insurance options
  • Insurance tracking
  • IRS reporting

  • Loan-underwriter approval limits

  • Mortgage/construction-loan information
  • Multiple interest calculations
  • Multiple-account suffixes
  • Online banking rate board
  • Payment change options
  • Purpose codes
  • Rate inquiry
  • Security codes

Lending Life Cycle

  • Create loans and disbursing funds

  • Credit reports

  • Electronic loan checklist
  • Electronic loan file
  • Household enrollment
  • Loan application processing
  • Loan quoter
  • Loan requests
  • Member written applications
  • Multiple credit bureau credit reports

  • Online archived applications

  • Online household database
  • Open-end loan contract
  • Outstanding loans
  • Print loan forms
  • Risk-based pricing/lending
  • Underwriting databases
  • Verify loan-files

Mortgage & Escrow Processing

  • Analysis configuration

  • Configure mortgage lending products
  • Disbursement report
  • Disbursing escrow payments
  • Escrow analysis
  • Escrow payee/type codes
  • Escrow share configuration
  • Mortgage payment matrix

  • Open escrow account/add payees

  • Prepare loans for final payoff
  • Preview (trial) / create (final) escrow analysis
  • RESPA (Real Estate Settlement Procedures Act)
  • Service 360-day-interest loans
  • Tax, insurance, and PMI tracking

Investor Relations

  • Fannie Mae (upload to Surf)

  • Freddie Mac (upload to MIDANET)
  • History of mortgage lending and secondary market
  • Investor reporting
  • Payment processing
  • Remitting
  • Support investor process

Lending Operations

  • Application status inquiry

  • Approvals and denial status
  • Approve security
  • Audit underwriter approvals
  • Centralized lending tools
  • Define credit union policy
  • Denial options
  • Denied database
  • Disbursement options
  • Household database impact

  • Identify potential servicing problems

  • Interest-rate calculations
  • Loan account inquiry analysis
  • Loan activity analysis
  • Member lifestyle loan matching
  • Modify loan requests
  • Payment history
  • Payment matrix
  • Payment options

  • Pledged shares

  • Relationship lending
  • Review reports
  • Risk-based lending
  • Secured shares
  • Statistical analysis
  • Underwriting codes
  • Variable-rate loans

Open-End & Line-of-Credit Lending

  • Amortized calculations

  • ATMs
  • Audio response
  • Checks
  • Disbursement points
  • Disclosure paperwork
  • Estimated calculations
  • Loan category options
  • Open-end loan contracts
  • Overdraft protection

  • Payment change timing

  • Payment changes
  • Promissory notes analysis
  • Review dates
  • Shared branch outlets
  • Table calculations
  • Teller line
  • Zero balance disbursements

Bankruptcy Management & Online Collections

  • Automated delinquency freezes and releases

  • Clear tiered services
  • Configure collections system level
  • Configure statement mail group
  • Credit reporting codes
  • Delinquent loans
  • Freeze and place comment on member accounts

  • Member account management

  • Negative balance shares
  • Overline line-of-credit loans
  • Remove ancillary services
  • Track and monitor bankrupt accounts
  • Track delinquency comments
  • Troubled Debt Restructuring (TDR)

24/7 Lending Services

  • Configure loan delivery channels (i.e. retailer, lender on the road, automotive dealer)

  • Configure loan policies
  • Define approval matrix
  • Develop lender decision model plan
  • Establish risk-based pricing
  • Monitor and view lending decisions
  • Set minimum requirement filters

Real Estate Solutions

  • Analysis

  • Configure investors and investor types
  • Configure participation loan options
  • Create electronic mortgage file
  • Daily processing
  • Document mortgage compliance
  • Electronic delivery of mortgage disclosures
  • Escrow processing
  • General ledger entries
  • Generate complete closing package

  • Loan fulfillment center

  • Manage loan pipeline
  • Maximize mortgage opportunities
  • Monthly processing
  • Mortgage servicing: secondary market and portfolio loans
  • Online mortgage application and processing
  • Payables
  • Review sample settlement work file